COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 20 July 11
TCM COAL PROJECT IN SOUTH KALIMANTAN MOVES TO FINAL FEASIBILITY STUDY

 
COALspot.com - Pan Asia Corporation Ltd has executed a formal agreement with an underground mining group KOPEX to undertake a final feasibility study on the PT Transcoal Minergy (TCM) coal project in South Kalimantan, according to press release issued by Pan Asia Corporation Ltd .  Pan Asia Corporation Limited is a rapidly growing diversified resources company primary listed on the Australian Securities Exchange and secondary listed on the Frankfurt Stock Exchange and with offices in Perth and Sydney, Australia and Jakarta, Indonesia.

This agreement follows the recently completed independent study which indicated the project’s viability targeting 1.5 million saleable tones of high CV coal annually over a 15 year period.

The scope of works for study is comprehensive and includes all aspects normally addressed in a final feasibility study. Key front end items include the additional drilling program currently underway to improve confidence in all aspects of the geological information and to also assess the opportunity for an open pit operation in the central west part of the concession. This drilling will also provide a preliminary determination of the status of the North Area under-ground resources as a potential second under-ground operation. 

Pan Asia has also recently appointed Palaris Mining Pty Ltd as an independent adviser to the final feasibility study. Palaris has been extensive in consulting on underground mining projects.

The Current resource for the TCM concession is 52.20 million tones comprising 22.04 million tonnes of indicated resources and 30.16 million tones of inferred coal resources. The average coal quality is 6,534 kcal/kg (adb), moisture 5.65%, ash 14.24%, and TS 1.16%. The study is scheduled to be completed by the end of the first quarter of 2012 and will represent a major step forward for the company.

Pan Asia’s CEO Alan Hopkins says, “We have now launched into the final feasibility study stage of this project, and its outcome should prove to be one of the catalysts that significantly re-rate the company.

Additional drilling and test work has already started, and we look forward to the resource updates to come. In June 2011, Pan Asia announced that KOPEX had completed an independent study on the TCM project with a recommendation that the project be advanced to final feasibility stage. The study indicated that 1.5 million saleable tonnes annually 15 years, following initial construction, is considered achievable. Based on the levels of details in that study, the target underground area at TCM presents a viable and economic opportunity. Additional underground mineralization may exist in the North area.

Kopex considered a number of mining methods that could be employed and concluded that retreat long wall mining would be the preferred method due to potentially higher extraction rates and controlled caving methods to best attain the saleable tones established for the project.

To contact the reporter on this story: Efendi at
efendi@coalspot.com



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 23 July 11
FAR EAST /SE ASIA ROUTE GAINED US$ 3000 HIGHER THAN LAST WEEK - VISTAAR
COALspot.com - The BDI further softened to by 2.22 pct and closed at 1323 points. The Cape and Panamax index also softened and closed at 1841 points ...


Saturday, 23 July 11
PANAMAX MARKET FACED A LIMITED ACTIVITY IN ALL BASINS
Handy Atlantic softening across all segments with little fresh enquiry ex Bsea/Cont/USG and ECSA. Trips to Far east remain healthy. More cargoes ex ...


Friday, 22 July 11
MARUBENI ACQUIRING 42.86% SHARE OF YTL JAWA POWER HOLDINGS
COALspot.com - Japan’s Marubeni Corporation acquisition 42.86% stake in YTL Jawa Power Holdings BV, which owns a 35% equity interest in Indone ...


Thursday, 21 July 11
INDIA IMPORTS 36.033 MILLION TONS OF INDONESIAN COAL TILL JUNE
COALspot.com - Indonesia shipped 28.27 Million tons of coal  in June 2011, a 2.3 percent lesser than May export of about 28.962 million tons, I ...


Thursday, 21 July 11
COAL PRICES ARE AT US$ 120 A TONNE
COALspot.com - Indonesian coal production in 2011 is expected to reach 360 million tons or 5.8 percent higher than government's forecasts. The incr ...


   1034 1035 1036 1037 1038   
Showing 5176 to 5180 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Cement Manufacturers Association - India
  • Directorate General of MIneral and Coal - Indonesia
  • Parliament of New Zealand
  • Larsen & Toubro Limited - India
  • Rio Tinto Coal - Australia
  • Karaikal Port Pvt Ltd - India
  • Japan Coal Energy Center
  • Metalloyd Limited - United Kingdom
  • McConnell Dowell - Australia
  • Coaltrans Conferences
  • Economic Council, Georgia
  • SASOL - South Africa
  • SN Aboitiz Power Inc, Philippines
  • Ministry of Transport, Egypt
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Central Electricity Authority - India
  • MEC Coal - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Straits Asia Resources Limited - Singapore
  • Madhucon Powers Ltd - India
  • Cardiff University - UK
  • India Bulls Power Limited - India
  • Sical Logistics Limited - India
  • NALCO India
  • Siam City Cement PLC, Thailand
  • Semirara Mining Corp, Philippines
  • Moodys - Singapore
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Eastern Coal Council - USA
  • IHS Mccloskey Coal Group - USA
  • EIA - United States
  • Maersk Broker
  • Semirara Mining and Power Corporation, Philippines
  • WorleyParsons
  • Electricity Generating Authority of Thailand
  • Coeclerici Indonesia
  • Directorate Of Revenue Intelligence - India
  • OPG Power Generation Pvt Ltd - India
  • Gujarat Sidhee Cement - India
  • Holcim Trading Pte Ltd - Singapore
  • IBC Asia (S) Pte Ltd
  • GVK Power & Infra Limited - India
  • Wood Mackenzie - Singapore
  • DBS Bank - Singapore
  • Indian Oil Corporation Limited
  • Cigading International Bulk Terminal - Indonesia
  • Qatrana Cement - Jordan
  • PetroVietnam
  • Jaiprakash Power Ventures ltd
  • MS Steel International - UAE
  • Tata Chemicals Ltd - India
  • Freeport Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Arutmin Indonesia
  • Maybank - Singapore
  • SGS (Thailand) Limited
  • Wilmar Investment Holdings
  • Geoservices-GeoAssay Lab
  • Star Paper Mills Limited - India
  • HSBC - Hong Kong
  • Bhushan Steel Limited - India
  • Indogreen Group - Indonesia
  • Medco Energi Mining Internasional
  • The State Trading Corporation of India Ltd
  • Cemex - Philippines
  • Deloitte Consulting - India
  • Jindal Steel & Power Ltd - India
  • Grasim Industreis Ltd - India
  • International Coal Ventures Pvt Ltd - India
  • GB Group - China
  • Lanco Infratech Ltd - India
  • Jorong Barutama Greston.PT - Indonesia
  • Global Business Power Corporation, Philippines
  • KPCL - India
  • Baramulti Group, Indonesia
  • UBS Singapore
  • Georgia Ports Authority, United States
  • KOWEPO - South Korea
  • Binh Thuan Hamico - Vietnam
  • TNPL - India
  • BNP Paribas - Singapore
  • Australian Commodity Traders Exchange
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • JPMorgan - India
  • Bukit Baiduri Energy - Indonesia
  • Ince & co LLP
  • Bayan Resources Tbk. - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Panama Canal Authority
  • Ceylon Electricity Board - Sri Lanka
  • Ind-Barath Power Infra Limited - India
  • Manunggal Multi Energi - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Pinang Coal Indonesia
  • Meralco Power Generation, Philippines
  • New Zealand Coal & Carbon
  • JPower - Japan
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Russian Coal LLC
  • Bulk Trading Sa - Switzerland
  • Mitsui
  • Kohat Cement Company Ltd. - Pakistan
  • The India Cements Ltd
  • Coastal Gujarat Power Limited - India
  • Latin American Coal - Colombia
  • Sinarmas Energy and Mining - Indonesia
  • Adani Power Ltd - India
  • Coal India Limited
  • Indonesian Coal Mining Association
  • Britmindo - Indonesia
  • SRK Consulting
  • Bukit Asam (Persero) Tbk - Indonesia
  • Fearnleys - India
  • SMG Consultants - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Gujarat Mineral Development Corp Ltd - India
  • Banpu Public Company Limited - Thailand
  • Credit Suisse - India
  • bp singapore
  • Maheswari Brothers Coal Limited - India
  • ASAPP Information Group - India
  • Maruti Cements - India
  • Krishnapatnam Port Company Ltd. - India
  • Idemitsu - Japan
  • TeaM Sual Corporation - Philippines
  • PTC India Limited - India
  • Bhatia International Limited - India
  • Enel Italy
  • Renaissance Capital - South Africa
  • Global Coal Blending Company Limited - Australia
  • Karbindo Abesyapradhi - Indoneisa
  • KPMG - USA
  • Tamil Nadu electricity Board
  • Orica Australia Pty. Ltd.
  • IOL Indonesia
  • Kobexindo Tractors - Indoneisa
  • Core Mineral Indonesia
  • Port Waratah Coal Services - Australia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Thermax Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • BRS Brokers - Singapore
  • Leighton Contractors Pty Ltd - Australia
  • Power Finance Corporation Ltd., India
  • Meenaskhi Energy Private Limited - India
  • Samsung - South Korea
  • OCBC - Singapore
  • Sarangani Energy Corporation, Philippines
  • VISA Power Limited - India
  • PNOC Exploration Corporation - Philippines
  • PLN Batubara - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Anglo American - United Kingdom
  • Aboitiz Power Corporation - Philippines
  • Neyveli Lignite Corporation Ltd, - India
  • Dalmia Cement Bharat India
  • Gupta Coal India Ltd
  • Agrawal Coal Company - India
  • TGV SRAAC LIMITED, India
  • Energy Link Ltd, New Zealand
  • Vale Mozambique
  • Total Coal South Africa
  • Permata Bank - Indonesia
  • Bangkok Bank PCL
  • LBH Netherlands Bv - Netherlands
  • Bangladesh Power Developement Board
  • PowerSource Philippines DevCo
  • Vedanta Resources Plc - India
  • Humpuss - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Indika Energy - Indonesia
  • Deutsche Bank - India
  • Infraline Energy - India
  • GN Power Mariveles Coal Plant, Philippines
  • Indian School of Mines
  • Electricity Authority, New Zealand
  • TNB Fuel Sdn Bhd - Malaysia
  • Commonwealth Bank - Australia
  • Makarim & Taira - Indonesia
  • Interocean Group of Companies - India
  • Miang Besar Coal Terminal - Indonesia
  • ANZ Bank - Australia
  • CCIC - Indonesia
  • GHCL Limited - India
  • GMR Energy Limited - India
  • Tata Power - India
  • Trasteel International SA, Italy
  • Kapuas Tunggal Persada - Indonesia
  • UOB Asia (HK) Ltd
  • Vitol - Bahrain
  • Standard Chartered Bank - UAE
  • IEA Clean Coal Centre - UK
  • Australian Coal Association
  • Uttam Galva Steels Limited - India
  • Orica Mining Services - Indonesia
  • ING Bank NV - Singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • Rudhra Energy - India
  • Merrill Lynch Bank
  • Sakthi Sugars Limited - India
  • ACC Limited - India
  • The Treasury - Australian Government
  • Coal and Oil Company - UAE
  • Asian Development Bank
  • Surastha Cement
  • TRAFIGURA, South Korea
  • Heidelberg Cement - Germany
  • Kaltim Prima Coal - Indonesia
  • Inco-Indonesia
  • PLN - Indonesia
  • Borneo Indobara - Indonesia
  • The University of Queensland
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Platou - Singapore
  • EMO - The Netherlands
  • Sindya Power Generating Company Private Ltd
  • Malco - India
  • Global Green Power PLC Corporation, Philippines
  • APGENCO India
  • J M Baxi & Co - India
  • Shree Cement - India
  • Malabar Cements Ltd - India
  • Cargill India Pvt Ltd
  • Asmin Koalindo Tuhup - Indonesia
  • Gresik Semen - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Lafarge - France
  • Bukit Makmur.PT - Indonesia
  • CIMB Investment Bank - Malaysia
  • Coalindo Energy - Indonesia
  • Samtan Co., Ltd - South Korea
  • Shenhua Group - China
  • London Commodity Brokers - England
  • Marubeni Corporation - India
  • Mitra SK Pvt Ltd - India
  • Merrill Lynch Commodities Europe
  • Berau Coal - Indonesia
  • Oldendorff Carriers - Singapore
  • Essar Steel Hazira Ltd - India
  • Bharathi Cement Corporation - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Mercator Lines Limited - India
  • Independent Power Producers Association of India
  • Globalindo Alam Lestari - Indonesia
  • Argus Media - Singapore
  • Planning Commission, India
  • Bank of China, Malaysia
  • Carbofer General Trading SA - India
  • World Bank
  • Reliance Power - India
  • Asia Cement - Taiwan
  • Romanian Commodities Exchange
  • Thriveni
  • GNFC Limited - India
  • Ministry of Finance - Indonesia
  • Indorama - Singapore
  • TANGEDCO India
  • Price Waterhouse Coopers - Russia
  • Kobe Steel Ltd - Japan
  • White Energy Company Limited
  • Thiess Contractors Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Peabody Energy - USA
  • Indonesia Power. PT
  • Mitsubishi Corporation
  • McKinsey & Co - India
  • Posco Energy - South Korea
  • San Jose City I Power Corp, Philippines
  • Energy Development Corp, Philippines
  • Pendopo Energi Batubara - Indonesia
  • RBS Sempra - UK
  • Intertek Mineral Services - Indonesia
  • Arch Coal - USA
  • Formosa Plastics Group - Taiwan
  • Videocon Industries ltd - India
  • Ambuja Cements Ltd - India
  • U S Energy Resources
  • Mjunction Services Limited - India
  • Sucofindo - Indonesia
  • Siam City Cement - Thailand
  • Xstrata Coal
  • Petrosea - Indonesia
  • KEPCO - South Korea
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Chamber of Mines of South Africa
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Eastern Energy - Thailand
  • Ministry of Mines - Canada
  • Tanito Harum - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Thai Mozambique Logistica
  • Thomson Reuters GRC
  • Attock Cement Pakistan Limited
  • Riau Bara Harum - Indonesia
  • Kumho Petrochemical, South Korea
  • SUEK AG - Indonesia
  • Salva Resources Pvt Ltd - India
  • Rashtriya Ispat Nigam Limited - India
  • NTPC Limited - India
  • Barasentosa Lestari - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Kideco Jaya Agung - Indonesia
  • Vizag Seaport Private Limited - India
  • Inspectorate - India
  • Goldman Sachs - Singapore
  • Edison Trading Spa - Italy
  • Thailand Anthracite
  • Bhoruka Overseas - Indonesia
  • Toyota Tsusho Corporation, Japan
  • European Bulk Services B.V. - Netherlands
  • Africa Commodities Group - South Africa
  • Cebu Energy, Philippines
  • Savvy Resources Ltd - HongKong
  • Jatenergy - Australia
  • Minerals Council of Australia
  • Xindia Steels Limited - India
  • Platts
  • Mintek Dendrill Indonesia
  • Central Java Power - Indonesia
  • Therma Luzon, Inc, Philippines
  • Simpson Spence & Young - Indonesia
  • SMC Global Power, Philippines
  • Parry Sugars Refinery, India
  • Sojitz Corporation - Japan
  • ETA - Dubai
  • CNBM International Corporation - China
  • Singapore Mercantile Exchange
  • Kartika Selabumi Mining - Indonesia
  • Antam Resourcindo - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Noble Europe Ltd - UK
  • IMC Shipping - Singapore
  • Runge Indonesia
  • CESC Limited - India
  • ICICI Bank Limited - India
  • Mechel - Russia
  • Cosco
  • World Coal - UK
  • Bank of America
  • Kepco SPC Power Corporation, Philippines
  • Mercuria Energy - Indonesia
  • CoalTek, United States
  • Aditya Birla Group - India
  • Indian Energy Exchange, India
  • Barclays Capital - USA
  • Adaro Indonesia
  • globalCOAL - UK
  • South Luzon Thermal Energy Corporation
  • Chettinad Cement Corporation Ltd - India
  • Altura Mining Limited, Indonesia
  • Petron Corporation, Philippines
  • Clarksons - UK
  • Coal Orbis AG
  • Glencore India Pvt. Ltd
  • PetroVietnam Power Coal Import and Supply Company